Scotiabank Forecasts Higher Earnings for GFL Environmental

GFL Environmental Inc. (TSE:GFL) – Stock analysts at Scotiabank raised their FY2026 EPS estimates for GFL Environmental in a research note issued on Friday, January 23rd. Scotiabank analyst K. Gupta now forecasts that the company will earn $1.18 per share for the year, up from their prior forecast of $1.08. The consensus estimate for GFL Environmental’s current full-year earnings is $1.69 per share. Scotiabank also issued estimates for GFL Environmental’s FY2027 earnings at $1.53 EPS.

Other analysts also recently issued research reports about the stock. Wells Fargo & Company upgraded shares of GFL Environmental to a “strong-buy” rating in a research report on Thursday, November 13th. The Goldman Sachs Group upgraded shares of GFL Environmental to a “hold” rating in a research note on Monday, November 24th. Five research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

GFL Environmental Stock Performance

Shares of GFL opened at C$60.88 on Monday. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 147.75. The stock has a 50 day moving average price of C$60.81 and a 200 day moving average price of C$63.81. The company has a market capitalization of C$21.18 billion, a price-to-earnings ratio of 6.51, a price-to-earnings-growth ratio of -0.76 and a beta of 0.09. GFL Environmental has a 52-week low of C$56.76 and a 52-week high of C$71.82.

GFL Environmental (TSE:GFL) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C$0.28 earnings per share (EPS) for the quarter. GFL Environmental had a negative return on equity of 8.41% and a negative net margin of 7.55%.The business had revenue of C$1.69 billion for the quarter.

GFL Environmental Company Profile

GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its infrastructure and soil remediation business line provides remediation of contaminated soils and complementary services, including civil, demolition, excavation, and shoring services.